tomo logo

$450,000

Beds
2
Baths
2.0
sq ft
Unknown

230 E Ponce de Leon Ave Unit 219, Decatur, GA 30030

230 E Ponce de Leon Ave Unit 219

Decatur, GA 30030

  • 31 days on market
Located in the heart of the City of Decatur, this stunning 2-bedroom, 2-bathroom unit is a rare find! This immaculate, move-in ready home boasts an open-concept floor plan. The kitchen has been exquisitely renovated with high-end cabinetry, countertops, and tile. The living room opens onto a private balcony, ideal for enjoying a cup of coffee as you watch the sunrise. Both spacious bedrooms feature separate bathrooms and ample closet space. A laundry closet, complete with a stackable washer and dryer, means no more laundromats! And the two assigned parking space ensure you’ll never have to unload groceries in the pouring rain. Decatur Renaissance is renowned as the best-managed building in Decatur, offering exceptional amenities and a strong sense of community. The on-site manager, dedicated board, and friendly residents contribute to a welcoming atmosphere. Residents can enjoy an outdoor pool, beautifully landscaped grounds, a community room with a kitchen, dining, and living area, fitness rooms, a media room, and a meeting room. The complex is conveniently located near MARTA, downtown Decatur's vibrant restaurants and shops, the library, recreation center, parks, and schools. Be sure to explore all the amenities on the Plaza level! Please note that Decatur Renaissance has rental restrictions, but the current rental cap has not yet been reached, allowing for a limited number of additional rentals. Owner-occupants can still close before the end of the year to qualify for the homestead exemption and save a bundle on property taxes!

Details

Property type

Condominium

Est. home value

$407,214

Lot size

1,307 sq ft

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$6,733

Monthly HOA fee

$598.5

Price History

11/21/2024
FMLS

FMLS #7489032

Listed
$450,000
+73.08%
11/19/2015
FMLS

FMLS #5591516

Sold
$260,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Clairemont

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

Clubhouse, Fitness Center, Gated, Pool

Number of units in community: 

168

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$225,098
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$188,902
Cash to seller
$225,098

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Brand Mortgage

Loan start date

November 2015

Original loan amount

$234,000

Est. remaining balance

$188,902

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Eric Lawrence Boyette and Dwaine Maxwell Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 1:45 AM

Listing updated: 11/25/2024 at 12:00 PM

Listed by: Tony Nastri, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7489032

FMLS logo

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